australia unemployment rate

Summary Australia unemployment rate in August was steady at 5.3% Australia adds 44,000 net jobs during the month Most of the gains came from full-time positions which increased 33,700 Jobs data for July was revised lower Initial signs of wage growth keep markets excited, but economists believe that it will take a while before pr...

2018-09-20 John Benjamin Read more
us unemployment rate

The monthly payrolls report for August released by the U.S. Department of Labor last Friday showed that the pace of hiring picked up the pace in August. Furthermore, the average earnings also grew strongly over the month while the official unemployment rate held steady. [shortcode-variables slug="act_tradeideas"] The U.S. unemployment rate...

2018-09-11 John Benjamin Read more
hiring rises in february

Hiring rises in February in the United States as more people were seen joining the workforce, underlining the fact that the U.S. economy could potentially continue at the same pace without overheating. Reacting to the payrolls report, the equity markets have pushed the major indices higher on the day while the U.S. dollar was met with a subdu...

2018-03-23 John Benjamin Read more
USD Index_3005

After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable rise in the estimates of two more rate hikes this year has pushed the US Dollar higher at the beginning of l...

2017-08-14 Nour Eldeen Al-Hammoury Read more
US Dollar Bill

Another week has passed, and the US Dollar continues to lose ground, despite the fact that there were some positive economic releases at the end of the week. Yet, the US Dollar Index tumbled to the lowest level since June of last year and closed the week around 93.25, nearing 93.0 key support area. Fundamental Catalyst One of the main reas...

2017-07-31 Nour Eldeen Al-Hammoury Read more
Fed_Yellen_Inflation_US

Everyone was watching the US Jobs Report on Friday, which was the most important event ahead of the Federal Reserve decision this month. The market seemed very confident that the Fed will raise the rates no matter what, given the fact that some of the economic activities have improved. However, on Friday, the estimates of a rate hike in June de...

2017-07-26 Nour Eldeen Al-Hammoury Read more
inflation expectations

The US Dollar Index managed to rise since the beginning of the week, amid a lack of fundamentals across the board, whether in Asia, Europe, and the US. However, there is still some confusion among  traders on why the US Dollar declined on Friday right after the US Jobs Report, despite the fact that it came in better than expected. Moreover, th...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Jobs Reports

In the next few hours, all eyes across the board are headed toward the US once again, as we all wait for the US Jobs Report for the month of April. This report is likely to have a notable impact on the markets, whatever the outcome is. Whether if it’s good or bad outcome, in both cases, be prepared for a notable move across asset classes. Wh...

2017-07-26 Nour Eldeen Al-Hammoury Read more
US Jobs Report_1003

Another big day is ahead of us as we all wait for a confirmation of a possible rate hike during the Federal Reserve meeting in March. All eyes today are headed toward the US Jobs Report, which will be released at 13:30 GMT+, where the Non-Farm Payrolls, Unemployment Rate, and the Average Hourly Earnings will be released from the US. Traders ne...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Canada_rates_1910_BOC

Trump’s Speech Overview After long hours of waiting, the US President Donald J. Trump gave his speech, which was clearly the most optimistic presidential speech since the elections. Staying away from attacking countries and the media was one of the surprises. His speech is fairly balanced today, which was welcomed by the markets. What matter...

2017-03-01 Nour Eldeen Al-Hammoury Read more